Jungheinrich Acquires ISI Automation with Heuking Kühn Lüer Wojtek
January, 2019 - Germany
| A team led by Hamburg-based partner Dr. Stefan Duhnkrack advised Jungheinrich AG on the acquisition of a majority stake in ISI Automation GmbH & Co. KG. With its ISIPlus and ISIPro products for the automation of warehousing systems, ISI Automation is now part of Jungheinrich Group, one of the world’s leading solution providers for intralogistics. This acquisition complements the Jungheinrich portfolio in the key area of digitizing logistics solutions. ISI Automation GmbH & Co. KG is a specialist for control automation and IT systems. The internationally operating company is headquartered in Extertal and has a branch in Lemgo. General managers Frank Marek and Volker Sasse will continue to manage the company. Hamburg-based Jungheinrich AG is one of the world’s leading suppliers of intralogistics solutions. The portfolio of the group, founded in 1953, includes material handling equipment, logistics systems, and services. Jungheinrich is represented by its own direct sales companies in 40 countries across the globe and by partner companies in over 80 additional countries. The group employs some 18,000 people worldwide. The Jungheinrich share is listed in the SDAX. The team led by Duhnkrack regularly advises Jungheinrich, most recently on its acquisition of MIAS group. Counsel to Jungheinrich AG Heuking Kühn Lüer Wojtek: Dr. Stefan Duhnkrack (Lead, M&A), Hamburg In-house: Dr. Thordis Koeppel-Tamms, Legal Counsel |
